The road ahead for top MENA equities: What to expect in 2019 | ZAWYA MENA Edition:
The outlook for regional bourses differs from market to market following a strong start in 2019 across the board. While the UAE stock markets offer attractive opportunities, the rally on Saudi’s Tadawul is expected to fade following the second tranche of the MSCI Emerging Markets Index inclusion.
The aggregate stock market index of the six Gulf Cooperation Council (GCC) countries along with Egypt rose 53.98 percent in the first eight months of the year.
However in August, the same aggregate stock market index dropped 1.81 percent, tracking a retreat in global markets and oil prices.
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